NTMA Overview of Irish Economy and Public Finances (May 2026) (ntma.ie)

• MDD growth 2025: 4.9%; GDP growth: 12.3% (pharma exports)
• Inflation forecast 2026: 3.3% (HICP) due to higher energy prices
• General government surplus 2026: €9.2 billion (2.5% of GNI*)
• Corporate tax receipts of €35 billion, concentration risk
• Future Ireland Fund and ICNF total ~€20 billion

"The NTMA provides an overview of the Irish economy and public finances as of May 2026. Modified Domestic Demand (MDD) grew 4.9% in 2025, GDP rose 12.3% driven by pharmaceutical exports (GLP-1 drugs). For 2026, GDP growth of 3.1% is forecast, with HICP inflation at 3.3% due to energy price rises from the Iran conflict. The general government surplus is €9.2 billion (2.5% of GNI*). Corporate tax receipts of €35 billion show concentration risk. The Future Ireland Fund and Infrastructure, Climate and Nature Fund total approximately €20 billion."